During the 1500's and 1600's trade was developed between the America's and Europe. Resources that came from the America's cause problems for Spain because trade was not properly regulated along with bad relations between other countries and poor leadership, which led to the loss of wealth. Spain also lacked important economic qualities. France was enriched by the resources from the Americas because trade was encouraged and regulated. Also the finance minister, Colbert, followed mercantilist policies …
showed first 75 words of 409 total

showed last 75 words of 409 total
…army to enforce the king's policies at home and abroad. Overall, Spain couldn't benefit from its colonies in the Americas due to; the fact that trade was not well-regulated, poor leadership, and a poor economy. France was enriched by the colonies in the Americas because trade was encouraged and regulated. Colbert developed a great economy. Good leadership with strong royal power allowed the country to become prosperous through trade with their colonies in the Americas.